$SPX, Risk on #markets #SPX #SPY #markets #heikinashi

SP-500 ($SPX) daily

• (!) A pullback is expected.

 

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SP-500 ($SPX) weekly

• (+) Bullish

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Going lower, slowly $SPX $SPY $DIA $DJIA $QQQ $COMPQ #markets #heikinashi #trendfollowing

S&P-500 daily

• (+!) haDelta is still above its average but ready to turn lower just below zero. 

 

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S&P-500 2-days

• (-) Negative

 

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S&P-500 3-days

• (- – ) The worst chart: haDelta crossing below its average, at zero. Strong downtrend ahead. 

 

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S&P-500 4-days

• (!) Signs of an haDelta failure.

 

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S&P-500 5-days

• (+) Positive.

 

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(Charts generated with TC2000 software)

Avoid #MACD for now! $SPX $SPY $DIA $DJIA $QQQ $COMPQ #heikinashi #markets

SP-500 ($SPX) daily

• (-) Bullish MACD is a good indication, in uptrends, when most signals are in positive area (above zero). Here, in a clear downtrend, the signal is well below zero. Its reliability is extremely weak. Avoid it.
• (-) The ten-day average is outside the normal positive range.
• (-) Heikin-ashi candle-inside-candle = Pause.
• (-) haDelta (not shown here) triggered a sell signal at the end of Thursday.

 

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SP-500 ($SPX) weekly

• (-) Nothing looks positive here

 

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SP-500 ($SPX) monthly

• (!) Waiting for more downtrend.
• (!) Below zero, the Hell breaks loose.

 

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Optimism, realism or pessimism? *You are the judge! #markets #heikinashi $SPY $SPX $DIA $QQQ

S&P-500 chart (Monthly)

 

$SPX, is this a crash warning? #markets #heikinashi #crash #trendfollowing

SP-500 ($SPX) daily

• (!-) The Turbulence Index, which measures the activity of several asset classes, is at a value not seen since 2008.

 

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SP-500 ($SPX) weekly

• (!-) The Turbulence Index is at a value not seen since 2008.

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SP-500 ($SPX) monthly

• (!) TI still at reasonable levels. The monthly timeframe is the most delayed of the three here.

 

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